Latest News Archive

Please select Category, Year, and then Month to display items

UFS Business School helps young people become entrepreneurs

12 December 2022 | Story Kekeletso Takang | Photo Supplied

web read more — Through the New Venture Creation Programme, the UFS Business School aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan.

The University of the Free State Business School (UFSBS) recently hosted a New Venture Creation programme aimed at mitigating unemployment among the youth. Through this programme, the UFSBS aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan.

The unemployment rate in South Africa was 33,9% in the second quarter of 2022, with youth remaining particularly vulnerable in the labour market. The New Venture Creation programme, funded by the Education, Training and Development Practices Sector Education and Training Authority (ETDPSETA), provides the opportunity for 100 unemployed youth in the Northern Cape and 100 unemployed youth in the North West to be part of the programme.

In addition to the UFSBS, the ETDPSETA has also partnered with the Office of the Premier in the Northern Cape, the Sol Plaatje Municipality, and the Department of Social Development. These partners assisted with the identification and recruitment of participants in order to ensure the right people were included in the programme.

“For me, the programme was informative and practical,” said Paseka Tlali, one of the top achievers taking part in the New Venture Creation programme. “It allowed me to learn about developing a business plan. Since completion, I have registered a business focusing on media consultancy. Through my business I can educate others on the importance of developing a personal brand.”

David Gool, another participant from the Northern Cape, said, “I have now become a social media ambassador working with Herbalife as their brand ambassador, thanks to the programme.”

Participants were taken on a practical journey to identify an idea and turn it into a profitable small business. Not only were they taught about new venture creation, but they were also taken on a journey to understand themselves better. The four-month programme saw participants go from attending classes to presenting their business plans to a panel that was also referred to as “The Circle of Elders”. This panel consisted of the ETDPSETA, the UFSBS, the National Youth Development Agency (NYDA) and the Small Enterprise Development Agency (SEDA). They provided each participant with practical feedback and guidance on how to make their planned venture a reality.

The New Venture Creation programme includes the following study units: Entrepreneurship Journey, Marketing Plan, Operations Plan, Business Model, and Business Plan Framework, among others.

Graduation ceremonies were held at the completion of the programme in De Aar and Kimberley, sponsored by Standard Bank.

Read up on more programmes offered by the UFS Business School here

News Archive

Prof Barney Pityana to deliver the inaugural Bram Fischer Memorial Lecture

2013-04-24

Prof Barney Pityana
Photo: Supplied
24 April 2013

Well-known academic and human rights lawyer Prof Barney Pityana will deliver the inaugural Bram Fischer Memorial Lecture on Friday 26 April 2013,honouring the life and legacy of the anti-apartheid stalwart. Prof Pityana will be joined by Fischer’s daughters Ruth Rice and Ilse Wilson and his nephew Peter in the President CR Swart Auditorium on the Bloemfontein Campus.

Prof Pityana has an impressive track record of accomplishments:

He is the current Rector of the College of the Transfiguration in Grahamstown; one of the founding members of the South African Students' Organisation; an important figure in the Black Consciousness Movement with Steve Biko; and an exponent of Black theology.

Prof Pityana is the former Principal and Vice-Chancellor at the University of South Africa (UNISA) and also a former chairperson of the South African Human Rights Commission.He has served on the African Commission on Human and Peoples' Rights at the Organization of African Unity in 1997. Prof Pityana’s work in human rights has been widely recognised and in December 2002 he was awarded an Honourable Mention of the 2002 UNESCO Prize for Human Rights Education.

In April 2006, Prof Pityana received the Award of the Order of the Grand Counsellor of the Baobab: Silver from former President Thabo Mbeki.

Prof Pityana will meet with students from the Faculty of Law during the day of the lecture. At 12:00 the Institute for Reconciliation and Social Justice will host a critical conversation discussing Bram Fischer as a father and Afrikaner communist lawyer. The conversation will feature the perspective of his daughters. The Bram Fischer Memorial Lecture will commence at 18:30.

Programme:

1. Critical Conversation: Bram Fischer as a father and Afrikaner communist lawyer

Date: Friday 26 April 2013

Venue: Institute for Reconciliation and Social Justice

Time: 12:00 – 14:00

2. Inaugural Bram Fischer Memorial Lecture

Date: Friday 26 April 2013

Venue: President CR Swart Auditorium

Time: 18:30 – 20:00

Back

Economic and Management Sciences

Education

Health Sciences

The Humanities

Law

Natural and Agricultural Sciences

Theology and Religion

Open Distance Learning

Business School

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept